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Showing content with the highest reputation since 05/03/2019 in all areas

  1. 3 points
    That might take significantly more time and slow down the process. It might be harder to scale if you are trying to build and mail, market, sell all at the same time. The most I do for parcels is send out a photographer so I get more photos of the actual property which are professional so it helps sell it faster. I also have the photographer tell me what is great about the property/area.
  2. 2 points
    Miracle Equation Develop unwavering faith you can achieve what you desire. Maintain extraordinary effort until you do. Very cool article I stumbled across earlier today. Thinking of land investing as a mission has definitely helped me keep grinding when things get frustrating. Feel free to use this in a Sunday video!
  3. 2 points
    I don't, but I have friends that do it. Their foundation is construction though. They have one engineered floor plan that they build all over town. They do 4-8 a year, and it takes 10 months to construct the property. They typically clear 3x their money. It's a different game and adds a lot compared to this.
  4. 1 point
    I was asked tonight, what websites do you use in your business? There are so many good websites and tools that can use can use, so below are some of the tools I use in my business, what websites and tools do you use? County Research (for land) - Landmodo.com Mailing LGPass.com Lob.com MelissaData's List Ware Online (cleaning list further) Building my Team Upwork.com Hiremymom.com Managing Sales Leads PipeDrive Filesharing / Knowledge Sharing / Tools / Documents Dropbox Evernote G-Suite Signnow RightSignature Simplifile Real Estate Forms VirtualUnderwriter (thanks Mimi) Automation / Password Management Zapier.com Learn how to use Zapier on InvestorNinjas.com LastPass Website Wordpress on WPEngine Need to Learn Wordpress? Accounting Xero.com Accounting for Land Investors GeekPay.io Letter Folding Machine Martin Yale P7200 Premier Rapid Fold So what website or tools are you using in your business?
  5. 1 point
    I recommend getting a DnB business credit score number, opening up secured business credit cards with Wells Fargo and BBVA, and other lines using your DnB or EIN. Make sure they report to credit agencies before opening new lines. It will take some time. After 2 years in business with perfect monthly payoff history, things start to happen quickly. Your credit line will be increased, getting offered loans etc. The most important thing is to USE your credit lines and make your monthly payments and NEVER miss a payment. If you want lots of guidance and hand holding but ultimately a DIY guide, check out https://www.creditsuite.com/business-credit/
  6. 1 point
    Good information to know, thanks Scott!
  7. 1 point
    Hi @Scott Todd. Thanks for the reply. Will do.
  8. 1 point
    Jim, We use Pipedrive on the sales side of our business and are very happy with it. Once you have your pipeline setup the way you like it proved to be a great tool for managing your leads. We like to make multiple touches with each and every lead in regard to the property they originally inquired about so our pipeline is setup in a way to help us follow up with each lead according to a predifined schedule until the lead begins emailing us back and engaging in conversation. Of course, just like anything, you have to actually use the tool and keep up with it in order to have it be effective. One way to make your life easier is to create automation for setting up some of your regular activities to save yourself some time in recreating the same activities for each lead. As for Trello and hubspot, I haven't used them for dealing with leads so I cannot offer any direct feedback there.
  9. 1 point
    I have to second rnrland4u's comment. I still find that I do way to much work "from my head" that is not easily translated into steps a VA can follow. I'm editing ads from my copywriter in ways I feel are important, or that take advantage of something I want to highlight. Maybe a holiday, or a tip from Posting Domination, so I tweak as I post. Go ahead and slap my hand, but I just can't help it. I have done a bit better with VAs for property research/DD. But those things don't directly touch my customers and leads.
  10. 1 point
    Sometimes just providing a clean deed and clearing up back-taxes is an "improvement", haha. But with one exception, I've never even seen any property I have bought or sold. I have no emotional or mental bandwidth for all that it could take to do some of the improvements I get asked about (wells, septic, fencing, driveway, etc.), and I doubt that I'd get my money back. We have a simple, repeatable business model, and I don't want to add needless complexity at this stage. The exception that I can imagine is if I ever bought a large parcel - say a 160 acre, and then subdivided it into 40s or 20s. But the economics would have to be really good to make me even think about that, especially at this stage of my business. Out of curiosity, though, are there certain improvements your customers have asked you about or that you are considering? There may be considerations in different counties from mine that I am not thinking about. Good luck - whatever you choose to do!
  11. 1 point
    Would love to learn more... am just starting to explore this part of the business now that the basics are mostly covered. Just downloaded Hubspot and will start playing around with that. Definitely interested in seeing what Trello has to offer.
  12. 1 point
    I’m definitely interested in this. Love using Trello for personal organization.
  13. 1 point
    My biggest struggle right now is getting tasks off my plate and onto the backs of VAs in my business. My whole goal of this business was to get out of it. Getting good VAs and training them for the game is the my day to day pain right now. Turnover is real. 2 is 1 and 1 is none. Sometimes 3 or 4 is 1. It's something that will get better though!!!!
  14. 1 point
    Have you looked into wholesale acquisition? That way you could skip the whole mailing and offering...
  15. 1 point
    My biggest pain point is having time to do all that needs to be done while working full time. Finding/making time is not always easy.
  16. 1 point
    Great resource, My biggest question is how to structure larger investors for my company? If I'm able to bring multiple investors to the land investing space, how do I structure the rate of return and profit structure?
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